Flat 183 м² in Budva, Montenegro

1 180 609 $

6 451 $ /м²

4OVLM

Flat 183m² in Montenegro, Budva. Priced at 1006500€ rent photo- #1

Flat 183m² in Montenegro, Budva. Priced at 1006500€ rent photo- #2

Flat 183m² in Montenegro, Budva. Priced at 1006500€ rent photo- #3

Flat 183m² in Montenegro, Budva. Priced at 1006500€ rent photo- #4

Flat 183m² in Montenegro, Budva. Priced at 1006500€ rent photo- #5

Flat 183m² in Montenegro, Budva. Priced at 1006500€ rent photo- #6

Area

183 м²

Bedrooms

Bathrooms

A 3-bedroom luxury apartment in Budva is for sale.

This premium spacious apartment is located in a modern building, 100 meters from the sea and 300 meters from the Old Town of Budva. It has a magnificent view of the Old Town and the sea. The apartment is unfurnished and has 3 bedrooms and 3 bathrooms. Budva is a city on the Adriatic Sea coast, also known as the queen of the Mediterranean Sea. It is the tourist capital of Montenegro and a center of business, culture and entertainment. Budva is a cosmopolitan city that attracts many foreigners for permanent residence. It is the center of real estate and tourist business, and brings the largest revenues to the state budget of Montenegro. Tradition and modernityBudva combines tradition and modernity - it has a rich history rooted in Budva's Old Town, which dates back more than 2,500 years, while the city is developing in a modern style. This contrast creates Budva's unique energy, which is buzzing even in the months outside the main tourist season. Budva is attracting foreign investment and several large real estate and tourism projects are currently under construction. Beautiful coastline and villagesAnother advantage of Budva is the beauty of its long coastline, the Budva Riviera, where you can find over 30 stunning sandy and rocky beaches. For those looking for a slower lifestyle, Budva's villages located in the Budva Riviera regions offer tranquility, beautiful nature, sea views and local food, while the urban center of Budva is only 15 minutes away. Capital of CultureBudva is famous for its lively cultural life, events, entertainment and nightlife. It hosts a city theater festival, Sea Dance festival, jazz festivals, New Year's Eve concerts and has hosted concerts by world music stars such as Madonna, the Rolling Stones and others. Budva is a candidate for the title of European Capital of Culture for 2028.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 180 609 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Budva; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Budva short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 180 609 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Budva: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).